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Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

Duma Boko at the Mass Media Complex in Gaborone, 1 November 2024. © Monirul Bhuiyan/AFP

The bosses of diamond giant De Beers, which operates mines in Botswana, have had an initial meeting with the country's new leader and are delighted with the political changeover. But the state's deal with HB Antwerp, which wanted to market the country's precious stones, appears to be in jeopardy. [...]

Published on 20/11/2024 at 05:40 GMT Reading time 5 minutes

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Mining

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Botswana
African Chrome Fields
Al Cook
AmaBhungane
Anglo American
Antwerp Diamond Exchange
Bame Pule
Bogolo Joy Kenewendo
Botswana Democratic Party
De Beers
Debswana
Duma Boko
Duncan Wanblad
Harvard
HB Antwerp
HB Botswana
Lefoko Moagi
Longway Solutions
Minerals Policy Committee
Mokgweetsi Masisi
Moti Group
Ndaba Gaolathe
Okavango Diamond Co
Paul Rowley
Rafael Papismedov
Shai De-Toledo
The Sentry
Umbrella for Democratic Change
Zunaid Moti

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana, the source of most of De Beers's diamonds, is challenging the diamond giant by favouring an Antwerp start-up to cut and market its stones. Meanwhile, its parent company Anglo American has put the group up for sale, to little interest.

Subscribers only Mining 30.09.2024

The New Guard
Botswana, Somalia, Benin

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

BotswanaFund manager Bame Pule, a discreet adviser to president Masisi

SomaliaBarkhad Kaariye, speaking on behalf of Somaliland

BeninLéonce Hamza Houngbadji, founder of Africa Solutions Week

Subscribers only Finance, Politics, Diplomacy 18.09.2024

Botswana
All lights green for De Beers diamond deal

After two years of negotiations, the trading deal is set to be signed next month.

Subscribers only Mining 20.06.2024

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

In its most recent talks over a new deal with the Gaborone government, the diamond giant is negotiating to set the increase of the state's share of rough diamonds against high performance targets. That could hamper the Belgian trader's rise in the country as it has to back the government.

Subscribers only Mining, Commodity traders 13.02.2024

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

Announced last March (AI, 22/03/23), the Botswanan government's plans to [...]

Subscribers only Mining, Commodity traders 24.01.2024

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

In Botswana, a diamond partnership between Belgian trader HB Antwerp and state firm ODC has roused the opposition rallied behind former president Ian Khama after President Masisi revealed having been personally involved in the negotiations.

Subscribers only Mining, Commodity traders 19.04.2023

Mokgweetsi Masisi, President of Botswana, in Gaborone, 7 February 2023.

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Botswana
African Chrome Fields
Al Cook
AmaBhungane
Anglo American
Antwerp Diamond Exchange
Bame Pule
Bogolo Joy Kenewendo
Botswana Democratic Party
De Beers
Debswana
Duma Boko
Duncan Wanblad
Harvard
HB Antwerp
HB Botswana
Lefoko Moagi
Longway Solutions
Minerals Policy Committee
Mokgweetsi Masisi
Moti Group
Ndaba Gaolathe
Okavango Diamond Co
Paul Rowley
Rafael Papismedov
Shai De-Toledo
The Sentry
Umbrella for Democratic Change
Zunaid Moti

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Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

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In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

The New Guard
Botswana, Somalia, Benin

BotswanaFund manager Bame Pule, a discreet adviser to president Masisi

SomaliaBarkhad Kaariye, speaking on behalf of Somaliland

BeninLéonce Hamza Houngbadji, founder of Africa Solutions Week

Botswana
All lights green for De Beers diamond deal

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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Spotlight | Botswana President Boko's election reshuffles cards in diamond industry

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create a free account

Set up email notifications for these topics

In Focus | Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

The New Guard Botswana, Somalia, Benin

BotswanaFund manager Bame Pule, a discreet adviser to president Masisi

SomaliaBarkhad Kaariye, speaking on behalf of Somaliland

BeninLéonce Hamza Houngbadji, founder of Africa Solutions Week

Botswana All lights green for De Beers diamond deal

Botswana De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana HB Antwerp nears diamond marketing deal with Gaborone

Botswana HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

The New Guard
Botswana, Somalia, Benin

Botswana
All lights green for De Beers diamond deal

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama